Chemical manufacturing employment increased by 2,600 jobs to 792,600 for February. Unemployment for college graduates went up 0.1% to 3.8%.

The news media is going to say that this is a great report because it beat expectations, and I think that's true. I think the thing that they're going to miss is the biggest drop in unemployment by education came with people with less than a high school diploma. Unemployment for them stands at 11.2% for February, down 0.8% from January.